EC vs. DHT
EC (Ecopetrol S.A.) and DHT (DHT Holdings, Inc.) are both stocks. Both are in the Energy sector — EC in Oil & Gas Integrated, DHT in Oil & Gas Midstream. Over the past 10 years, EC returned 15.79%/yr vs 23.05%/yr for DHT. At a 0.28 correlation, their price movements are largely independent.
Performance
EC vs. DHT - Performance Comparison
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Returns By Period
In the year-to-date period, EC achieves a 52.84% return, which is significantly lower than DHT's 68.70% return. Over the past 10 years, EC has underperformed DHT with an annualized return of 15.79%, while DHT has yielded a comparatively higher 23.05% annualized return.
EC
- 1D
- -5.93%
- 1M
- 5.34%
- YTD
- 52.84%
- 6M
- 59.53%
- 1Y
- 72.54%
- 3Y*
- 35.15%
- 5Y*
- 16.53%
- 10Y*
- 15.79%
DHT
- 1D
- -2.86%
- 1M
- 11.57%
- YTD
- 68.70%
- 6M
- 70.09%
- 1Y
- 91.02%
- 3Y*
- 44.76%
- 5Y*
- 32.83%
- 10Y*
- 23.05%
EC vs. DHT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EC Ecopetrol S.A. | 52.84% | 58.65% | -24.25% | 41.83% | -5.04% | 0.57% | -29.31% | 38.58% | 11.95% | 64.34% |
DHT DHT Holdings, Inc. | 68.70% | 40.04% | 3.58% | 24.07% | 73.87% | 1.41% | -20.52% | 118.96% | 11.32% | -9.26% |
Correlation
The correlation between EC and DHT is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Sep 18, 2008 | 0.28 |
Over the past year, the correlation between EC and DHT has dropped to 0.06 - well below their long-term average of 0.28, suggesting their price drivers have been diverging.
Fundamentals
EC:
$29.99B
DHT:
$3.13B
EC:
COP 4.26K
DHT:
$2.06
EC:
11.71
DHT:
9.41
EC:
0.88
DHT:
5.51
EC:
1.28
DHT:
2.54
EC:
COP 116.38T
DHT:
$566.07M
EC:
COP 37.91T
DHT:
$268.69M
EC:
COP 42.24T
DHT:
$450.13M
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Return for Risk
EC vs. DHT — Risk / Return Rank
EC
DHT
EC vs. DHT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ecopetrol S.A. (EC) and DHT Holdings, Inc. (DHT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EC | DHT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.78 | ||
| Sortino ratioReturn per unit of downside risk | -0.85 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.40 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 5.53 | 6.01 | -0.49 |
| Martin ratioReturn relative to average drawdown | 12.65 | 13.73 | -1.08 |
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Drawdowns
EC vs. DHT - Drawdown Comparison
The maximum EC drawdown since its inception was -90.16%, smaller than the maximum DHT drawdown of -97.12%. Use the drawdown chart below to compare losses from any high point for EC and DHT.
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Drawdown Indicators
| EC | DHT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.16% | -97.12% | +6.96% |
Max Drawdown (1Y)Largest decline over 1 year | -13.20% | -15.22% | +2.02% |
Max Drawdown (3Y)Largest decline over 3 years | -38.00% | -24.96% | -13.04% |
Max Drawdown (5Y)Largest decline over 5 years | -48.60% | -34.44% | -14.16% |
Max Drawdown (10Y)Largest decline over 10 years | -73.36% | -39.56% | -33.80% |
Current DrawdownCurrent decline from peak | -26.09% | -61.06% | +34.97% |
Average DrawdownAverage peak-to-trough decline | -51.12% | -76.34% | +25.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.75% | 6.65% | -0.90% |
Volatility
EC vs. DHT - Volatility Comparison
Ecopetrol S.A. (EC) has a higher volatility of 18.65% compared to DHT Holdings, Inc. (DHT) at 11.98%. This indicates that EC's price experiences larger fluctuations and is considered to be riskier than DHT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EC | DHT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.65% | 11.98% | +6.67% |
Volatility (6M)Calculated over the trailing 6-month period | 32.59% | 28.42% | +4.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.73% | 34.70% | +4.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.75% | 38.50% | -0.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.91% | 41.64% | -0.73% |
Dividends
EC vs. DHT - Dividend Comparison
EC's dividend yield for the trailing twelve months is around 8.10%, more than DHT's 7.58% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DHT DHT Holdings, Inc. | 7.58% | 6.06% | 10.76% | 11.72% | 1.35% | 2.50% | 25.81% | 2.42% | 2.04% | 5.57% | 17.15% | 6.55% |
EC Ecopetrol S.A. | 8.10% | 20.77% | 20.47% | 22.02% | 22.47% | 0.72% | 6.92% | 9.87% | 4.01% | 1.06% | 0.00% | 14.83% |
Financials
EC vs. DHT - Financials Comparison
This section allows you to compare key financial metrics between Ecopetrol S.A. and DHT Holdings, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
EC vs. DHT - Profitability Comparison
EC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ecopetrol S.A. reported a gross profit of 11.03T and revenue of 28.41T. Therefore, the gross margin over that period was 38.8%.
DHT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, DHT Holdings, Inc. reported a gross profit of 112.62M and revenue of 186.48M. Therefore, the gross margin over that period was 60.4%.
EC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ecopetrol S.A. reported an operating income of 8.50T and revenue of 28.41T, resulting in an operating margin of 29.9%.
DHT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, DHT Holdings, Inc. reported an operating income of 107.66M and revenue of 186.48M, resulting in an operating margin of 57.7%.
EC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ecopetrol S.A. reported a net income of 2.87T and revenue of 28.41T, resulting in a net margin of 10.1%.
DHT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, DHT Holdings, Inc. reported a net income of 164.53M and revenue of 186.48M, resulting in a net margin of 88.2%.
Frequently Asked Questions
EC and DHT have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EC has higher volatility (18.65%) compared to DHT (11.98%). In terms of maximum drawdown, EC dropped -90.16% vs DHT's -97.12%.
DHT currently has the higher Sharpe Ratio (2.66 vs 1.88), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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